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Complete the form below and return to your local branch in person. You should also
read Identification for customers and
Savings terms and conditions to ensure you understand the features and conditions of what you are buying. We recommend
you contact your local branch to make an appointment before coming in with your completed form.

Additional Information

Type of ISACash Junior ISA. Junior ISA (JISA) became available from 1 Nov 2011. A JISA is a type of ISA available to eligible children.

Minimum opening balance£50

Minimum operating balance£50. If the balance falls below the the minimum operating balance a nominal interest rate applies (see Current interest rates for more details).

New investorsYes.

Eligibility requirementsA child is eligible for a Cash Junior ISA if, when the application is made:

They are under age 18.

They do not hold a Child Trust Fund.

They are resident in the UK.

For children under 16, a person with parental responsibility must apply to open the account.

Over 16's can apply directly, or a person with parental responsibility can apply to open the account on their behalf.

ISA transfers inYes. Transfers from existing Cash Junior ISA’s, held with other providers, are accepted.

ISA transfers outYes. Investors can transfer all or part of their ISA funds (subscriptions) to another ISA provider. Please note that HMRC rules require that transfers of the current year’s subscriptions are made in full.

Restricted depositThere are two types of JISA - Cash and Stocks and Shares. You can hold one of each type until the age of 18. Once you have invested the full subscription for the year, you cannot make additional investments. We do not currently provide a Stocks and Shares junior ISA.

Annual JISA allowance

For the tax year 6 April 2014 - 5 April 2015, your allowance is £3,840 for cash and/or stocks and shares. From 1 July, the annual allowance for 6 April - 5 April 2015 will increase to £4,000. You can continue to choose how to split your annual allowance as you wish. For example, all cash or all stocks and shares, or a split between the two.

Member Loyalty Card enabling discounts and special offers from local traders who participate in our scheme.

Similar productsSquare deal Cash ISASuitable if you are aged 16 or over, require easy access to your savings and have not subscribed to a Cash ISA in the current tax year.Young SaverSuitable if you are aged under 18 and require easy access to your savings.

General Junior ISA terms and Conditions

An JISA may only be held by an investor in his or her sole name. Joint accounts are not allowed. You must be under 18 years of age to invest in an JISA.

The registered contact is the person who can agree with the account manager the terms and conditions under which the account will operate, and give instructions to the account manager for the management of the account. There can be only one registered contact for an account at any time. The registered contact will be:a) The child holding the account if they are aged 16 or over and have taken on management of the account by making an application to the account provider for registered contact status, orb) A person with parental responsibility for the child holding the account.

All correspondence will be sent to the registered contact.

All JISA investments will be and must remain in the beneficial ownership of the child. Any rights in respect of your JISA may not be assigned and those rights may not be used as security for a loan.

All subscriptions to the JISA are a gift to the child, and as such cannot be repaid to the subscriber if at a later date the subscriber changes their mind.

A JISA may not be transferred from one investor to another.

The child is resident in the United Kingdom or is a UK Crown Servant, a dependant of a UK Crown Servant or is married to, or in a civil partnership with a UK Crown Servant.

The start date for your JISA is the date of the first deposit.

On the instructions of the registered contact a JISA with all rights and obligations shall be transferred to another ISA manager within five working days.

You must not subscribe more than the overall subscription amount in total to a Cash JISA and Stocks and Shares JISA in the same tax year. Once the limit has been reached for the tax year you cannot make further subscriptions.

In the event of death of the child, the JISA must cease on the date of death. Interest will be paid gross up to and including the date of death. The account will be transferred into an interest bearing account in the names of the personal representatives. Interest arising after the date of death will be subject to deduction of income tax at the appropriate rate.

For a period of 30 days after opening the JISA, the registered contact may instruct us that they have changed their mind and we will return the deposit to the child, subject to cheque clearance, with any accrued interest. The 30 day cancellation period starts on the day you open your Cash JISA and ends at close of business on the 30th calendar day. To cancel the JISA agreement with us, you can either visit or write to your local branch, enclosing your passbook. No administration charges will be made.

Newbury Building Society will notify the registered contact if, by reason of failure to satisfy the provisions of the JISA regulations, a JISA has, or will, become void.

Tax free is the contractual rate of interest payable where interest is exempt from income tax. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

WE HAVE NO CURRENT PLANS TO WITHDRAW THIS PRODUCT BUT IT MAY BE WITHDRAWN WITHOUT NOTICE

Key Features

Variable, guaranteed to be at least equal to the Bank of England base rate. The interest rate will change no later than 15th of the month following the month during which the Bank of England base rate changes.

Calculated daily and paid annually on 31 October into the account, to another Society account or your bank account.

Tax status

Tax free (interest is exempt from income tax). Tax treatment depends on individual circumstances and may be subject to change in the future.

Complete the form below and return to your local branch in person. You should also
read Identification for customers and
Savings terms and conditions to ensure you understand the features and conditions of what you are buying. We recommend
you contact your local branch to make an appointment before coming in with your completed form.

Additional Information

Type of ISACash ISA

Branch accessA passbook is issued for all accounts, including those opened online. This enables you to use our branch deposit and withdrawal service.

Online accessYou can register with ‘myaccounts’, our online service, to view your open account(s) online, use secure messaging and request online withdrawals to your nominated bank account. Please note the minimum withdrawal online is £50. We recommend you visit one of our branches to open an account before registering with the myaccounts service. Contact your local branch to make an appointment.

Minimum opening balance£50

Minimum operating balance£50. If the balance falls below the minimum operating balance a nominal interest rate applies (see Current interest rates for more details).Age requirementsAvailable to those aged 16 years and over for branch and postal operation. To operate an account online the minimum age is 18 years.

ISA transfers inNo. Transfers from existing Cash ISA’s, held with other providers, are not accepted into this account.

ISA transfers outYes. Investors can transfer all or part of their ISA funds (subscriptions) between Newbury Building Society accounts or to another ISA provider. Please note that HMRC rules require that transfers of the current year’s subscriptions are made in full.

Please see the leaflet 'Transferring your cash ISA', for an overview of the typical process involved in transferring your ISA from one provider to another. Please note the process may vary between ISA providers.

Annual ISA allowanceFor the tax year 6 April 2014 - 5 April 2015, your allowance is £11,880. You can save up to £5,940 in a cash ISA and the remainder in a stocks and shares ISA.

From 1 July, the annual allowance for 6 April - 5 April 2015, will increase to £15,000. Under the new rules set by the government, you can choose to split your £15,000 annual allowance as you wish. For example, all cash or all stocks and shares, or a split between the two.Online withdrawalsIf you register with ‘myaccounts’ you can request an online withdrawal to your nominated bank account. Online withdrawal requests received before 2pm on a business day will be processed that day and funds will be available in the destination account the following business day. Requests received after 2pm will be deemed to have been received on the following business day.

Member Loyalty Card enabling discounts and special offers from local traders who participate in our scheme.

Important informationStakeholder products meet Government standards on charges, access and terms. Our ISA is not a stakeholder product because the minimum opening balance is more than £10. The ‘stakeholder’ label is designed to identify a range of straightforward savings products which are simple, clear and fair so that savers should feel confident about choosing them. However, just because an ISA meets the stakeholder standards does not mean that the ISA is appropriate for every saver, the performance of the ISA is guaranteed, or the ISA is government approved. Stakeholder products are not necessarily better.

An ISA may only be held by an investor in his or her sole name. Joint accounts are not allowed. You must be at least 16 years of age to invest in a Cash ISA.

You can save in a Cash ISA with one provider per tax year (6 April to 5 April). Subscriptions to Cash ISAs count towards the total annual ISA allowance. The remainder of the annual ISA allowance can be invested in a Stocks and Shares ISA with either the same or another provider. Alternatively, the full ISA allowance can be invested in a Stocks and Shares ISA with one provider. We do not currently provide a stocks and shares ISA.Withdrawals have no effect on subscription limits. Once you have invested the full subscription for the year, you cannot make additional investments, regardless of withdrawals made during the tax year or the balance of the account.

All ISA investments will be and must remain in the beneficial ownership of the investor. Any rights in respect of your ISA may not be assigned and those rights may not be used as security for a loan.

An ISA may not be transferred from one investor to another.

You must be resident in the United Kingdom for tax purposes or, if not so resident, either perform duties which, by virtue of Section 28 of Income Tax (Earnings & Pensions) Act 2003 (Crown employees serving overseas), are treated as being performed in the United Kingdom, or you must be married to, or in a civil partnership with, a person who performs such duties. You must inform Newbury Building Society if you cease to be so resident or to perform such duties or be married to, or in a civil partnership with, a person who performs such duties.

The start date for your ISA is the date of the first deposit.

On the instructions of the investor and within the time stipulated by the investor (subject to a minimum period of 5 working days), an ISA with all rights and obligations shall be transferred to another ISA manager.

The ISA must cease on the date of death of the investor. Interest will be paid gross up to and including the date of death. The account will be transferred into an interest bearing account in the names of the personal representatives. Interest arising after the date of death will be subject to deduction of income tax at the appropriate rate.

You do not have to pay income tax on the interest paid in each of the years that you have your ISA provided all the ISA terms and conditions have been followed.

If you do not subscribe (make any investments) to your ISA in any one tax year, under Her Majesty’s Revenue and Customs (HMRC) rules, you will be required to complete a new application form should you wish to continue to invest in subsequent years.

For a period of 30 days after opening your ISA, you may instruct us that you have changed your mind and we will return your deposit to you, subject to cheque clearance, with any accrued interest (tax will not be deducted). Alternatively, we can help you switch to another savings account with us (conditions allowing). The 30 day cancellation period starts on the day you open your Cash ISA and ends at close of business on the 30th calendar day. To cancel your ISA agreement with us, you can either visit or write to your local branch, enclosing your passbook. No administration charges will be made.

Newbury Building Society will notify the investor if, by reason of failure to satisfy the provisions of the ISA regulations, an ISA has, or will, become void.

Newbury Building Society will satisfy themselves that any person to whom it delegates any of its functions or responsibilities under the terms agreed with the investor is competent to carry out those functions and responsibilities.

Tax free is the contractual rate of interest payable where interest is exempt from income tax. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

WE HAVE NO CURRENT PLANS TO WITHDRAW THIS PRODUCT BUT IT MAY BE WITHDRAWN WITHOUT NOTICE

English law applies and we will communicate with you in English. We are participants of the Financial Ombudsman
Service. We have a complaints procedure which we will provide on request. Most complaints that we cannot resolve
can be referred to the Financial Ombudsman Service.